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News

Trump raises India tariff to 50% over Russia oil purchase

CNN on MSN · 13h
Trump imposes new 25% tariff on India as punishment for importing Russian oil
President Donald Trump imposed an additional 25% tariff on India as punishment for importing Russian oil, according to a document posted on the White House website — an escalation of his trade battle with New Delhi and his first use of so-called secondary sanctions on countries the US says are fueling Moscow’s war machine.
The New York Times · 9h
Trump to Double India’s Tariff as Punishment for Buying Russian Oil
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
BBC · 6h
Trump orders India tariff hike to 50% for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".
14hon MSN
Trump hikes India tariffs to 50% for buying Russian oil
President Donald Trump said he was doubling tariffs on India from 25% to 50%. In an executive order, Trump says "I find that ...
11h
India-US spat over trade and oil threatens wider fallout
U.S. President Donald Trump's tirade against India over trade and Russian oil purchases threatens to undo two decades of ...

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